NEWS HEADLINES(30/05/16)

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📰📰Today’s front pages
Date: 30-05-2016

•Daily Guide

√6 KIDS DROWN AT YEJI
Families and residents of Nankyie Akura and Yeji, communities along the Volta Lake, have been thrown into a state of mourning and despair after their relations were reported drowned as the boat they were travelling on capsized.

√MAHAMA UNDER PRESSURE OVER KILLER LIGHTS BILL
It is emerging that the Mahama-led National Democratic Congress (NDC) governments is under pressure to reduce killer electricity tariffs (light bills) that have collapsed many industries and wreaked havoc on many homes.

√DRAMA OVER ALLOTEY JACOBS
Social media was awash with the alleged arrest and subsequent detention of the Central Regional Chairman of the ruling National Democratic Congress (NDC), Bernard Allotey Jacobs, at the Heathrow Airport, London, in the United Kingdom (UK) yesterday.

√AWOMEFIA CLEARS SPEAKER OVER CHIEFTAINCY
Speaker of Parliament Edward Doe Adjaho has expressed displeasure about his name being linked to chieftaincy issues by authorities of the Avenor Traditional Area in the Avenor-Ave Constituency of the Volta Region.

•B&FT

√ACEP FLAYS UTILITIES REGULATOR
The Africa Center for Energy Policy (ACEP) has lashed out at the Public Utilities and Regulatory Commission (PURC) following the regulator’s directive to the Electricity Company of Ghana (ECG) to suspend its billing software.

√RESUSCITATED US$36M KOMENDA SUGAR FACTORY BEGINS OPERATION
The President, John Dramani Mahama, is to officially inaugurate the new US$36 million Komenda Sugar Factory today.

IMF PROGRAMME YIELDING GOOD RESULTS – FINANCIAL ANALYST
The Global Head of Financial Markets at the Standard Chartered bank, Jonathan Paul, has said that Ghana’s extended facility programme with the International Monetary Fund (IMF) has started setting the economy on the path to recovery.

•Finder

√MUSICAL CHAIRS OVER CREDIBLE REGISTER
With exactly 161 days left for Ghanaians to vote in presidential and parliamentary elections, the Electoral Commission (EC) is yet to settle on the appropriate and acceptable means of producing a credible register, which is a vital tool for any successful election.

√GHC500 3-YEAR BOND UNDERSUBSCRIBED
Ghana accepted GHC303m worth of bids for a three-year domestic bond and will pay a fixed yield of 24.5 per cent.

LEAVE ME OUT OF AVENOR CHIEFTAINCY ROW – SPEAKER
The Speaker of Parliament has bunked allegations linking him to a chieftaincy row in the Avenor Traditional Area in the Volta Region.

•Business Day

√GNPC IN TROUBLE – AS PARLIAMENT REJECTS ITS GHC2.6BN BUDGET
The Ghana National Petroleum Company (GNPC) has suffered a severe setback following the failure of Parliament to approve its 2016 budget amounting to over Ghc2.6bn.

√MINISTER DEMANDS $160, 000 BMW CAR BEFORE INSPECTING PROJECT
A former minister has been accused of demanding a BMW 7 series vehicle to allow him to inspect a 5.7 kilometre road that was under construction, as costs of the project ballooned from 40.4 million cedi to 88 million cedi.

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√GHANA’S ECONOMY BEST IN 2006 TO 2008, 2011 – ISSER
Analyzing the Ghanaian economy over the last 20 years (1996 till date), the years 2006, 2007, 2008 and 2011 are arguably the periods that the economy performed very well, according to selected performance economic indicators compiled by the Institute of Statistical, Social and Economic Research (ISSER).

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